Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GTLS
126
DELISTED
Chart Industries
GTLS
| $159M | 0.09% |
996,693
-7,425
| -0.7% | -$1.31M |
|
127
McDonald's
MCD
$195B
| $151M | 0.08% |
564,864
-11,201
| -2% | -$2.83M |
|
|
AZPN
128
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $149M | 0.08% |
978,051
-57,623
| -6% | -$8.77M |
|
129
Procter & Gamble
PG
$338B
| $148M | 0.08% |
906,781
+177,782
| +24% | +$26.4M |
|
130
Pfizer
PFE
$145B
| $148M | 0.08% |
2,507,558
+63,262
| +3% | +$3.13M |
|
131
Pool Corp
POOL
$7.44B
| $146M | 0.08% |
258,640
-649
| -0.3% | -$340K |
|
132
Meritage Homes
MTH
$4.88B
| $145M | 0.08% |
2,370,680
-19,518
| -0.8% | -$1.09M |
|
133
Boston Scientific
BSX
$69.1B
| $143M | 0.08% |
3,374,142
+94,661
| +3% | +$3.98M |
|
|
MRO
134
DELISTED
Marathon Oil Corporation
MRO
| $140M | 0.08% |
8,524,498
+1,065,757
| +14% | +$17.1M |
|
|
SF
135
Stifel
SF
$12.8B
| $130M | 0.07% |
2,773,227
-33,912
| -1% | -$1.65M |
|
136
Steris
STE
$22.4B
| $130M | 0.07% |
532,058
+21,337
| +4% | +$4.87M |
|
137
State Street Industrial Select Sector SPDR ETF
XLI
$34B
| $127M | 0.07% |
1,200,589
+63,818
| +6% | +$6.63M |
|
138
Winnebago Industries
WGO
$906M
| $127M | 0.07% |
1,689,643
-17,779
| -1% | -$1.28M |
|
139
MSCI
MSCI
$41.4B
| $126M | 0.07% |
205,655
+10,522
| +5% | +$6.6M |
|
140
West Pharmaceutical
WST
$24.7B
| $126M | 0.07% |
268,070
-15,048
| -5% | -$6.48M |
|
141
Carrier Global
CARR
$54B
| $125M | 0.07% |
2,307,455
-192,239
| -8% | -$10.4M |
|
142
Paycom
PAYC
$8.09B
| $125M | 0.07% |
301,141
+51,724
| +21% | +$24.5M |
|
143
Darling Ingredients
DAR
$9.24B
| $125M | 0.07% |
1,797,077
+170,110
| +10% | +$12.4M |
|
|
HIT
144
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $124M | 0.07% |
1,148,219
+3,185
| +0.3% | +$345K |
|
145
ScottsMiracle-Gro
SMG
$3.87B
| $121M | 0.07% |
753,385
+39,552
| +6% | +$6.12M |
|
146
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.34B
| $119M | 0.07% |
2,796,530
+1,716,464
| +159% | +$72.1M |
|
147
Onto Innovation
ONTO
$14.1B
| $119M | 0.07% |
1,176,132
-1,862
| -0.2% | -$161K |
|
148
iShare MSCI Eurozone ETF
EZU
$9.83B
| $117M | 0.07% |
2,395,696
+150,246
| +7% | +$7.4M |
|
149
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23B
| $117M | 0.07% |
1,142,012
+70,318
| +7% | +$7M |
|
150
Raymond James Financial
RJF
$34.6B
| $116M | 0.07% |
1,155,665
-28,232
| -2% | -$2.79M |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.